Employee slaughter on Meta! Thousands more laid off

Meta, the umbrella company of Facebook, Instagram and WhatsApp, announced that they would lay off 11,000 people in November last year. After a few months, we left behind another job that will affect 10,000 people in March.
 Employee slaughter on Meta!  Thousands more laid off
READING NOW Employee slaughter on Meta! Thousands more laid off
Meta, the umbrella company of Facebook, Instagram and WhatsApp, announced that they would lay off 11,000 people in November last year. After a few months, in March, it was announced that there was another dismissal process that would affect 10,000 people. Now, the incoming information shows that a new mass layoff is being implemented in the company.

‘Productivity year’ continues with layoffs

In a memo for the company sent to Meta employees on Tuesday and viewed by Vox, it was said that the layoffs will begin Wednesday, aka today, and will affect a wide range of technical teams, including those working at Facebook, Instagram, Reality Labs and WhatsApp. A Meta spokesperson confirmed that the memo was sent to employees, while the layoffs will amount to 4,000 people, according to sources.

The memo sent to employees is signed by Meta’s human resources manager, Lori Goler. “This will be a difficult time as we bid farewell to our friends and colleagues who have added so much to the Meta,” Goler said, while layoffs are said to be on a global scale. Frankly, layoffs are not unexpected. Zuckerberg had previously said his cuts would affect roles in tech departments, while another round of layoffs scheduled for May would affect the business side. Meta CEO also defined 2023 as “productivity year”.

According to rumors, the layoffs will affect employees at Facebook and Reality Labs, the unit dedicated to augmented and virtual reality experiences. Meta continues to make losses despite pouring billions of dollars into social VR platform Horizon Worlds. Horizon Worlds only had around 200,000 monthly active users at the end of last year, which is very low.

Comments
Leave a Comment

Details
124 read
okunma59927
0 comments